February 2, 2017 | In the News
Escalation clauses can make the difference when bidding wars arise
By Dean Cottrill
Even though much of the District is in what we would consider a fairly normal market, with moderate price increases and a climate that favors neither buyers nor sellers, there are some pockets that remain hot sellers’ markets. Whether it’s the most sought-after neighborhood or a hard-to-find price-point, the end result is often the same – a bidding war breaks out.
While bidding wars are thrilling for sellers, they can be extremely frustrating and even heartbreaking for buyers. Some buyers bid on multiple properties without ever winning and eventually give up. That doesn’t have to happen, though. Here in Washington, D.C., there is a form that can be added to a purchase contract to
Download DOCJanuary 9, 2017 | In the News
MARIN HAGEN & SYLVIA BERGSTROM ATTEND PRESTIGIOUS INTERNATIONAL LUXURY ALLIANCE EVENT
3-Day New York Summit Brings Together Luxury Marketing Experts
WASHINGTON, D.C. (January 9, 2017) – Coldwell Banker Residential Brokerage’s Marin Hagen and Sylvia Bergstrom, Coldwell Banker Previews International® Property Specialists affiliated with the company’s Georgetown office, recently attended the International Luxury Alliance Network event held at the Peninsula Hotel in New York City. The event was hosted by NRT LLC. NRT, the nation’s largest residential real estate brokerage company, the parent company of Coldwell Banker Residential Brokerage, Washington, D.C. Metro.
Representing the Washington, D.C. marketplace, Bergstrom and
Download DOCJanuary 6, 2017 | In the News
$6.9 Million Annapolis Estate Hits the Market
Located on South River and Chesapeake Bay with private beach and pier
ANNAPOLIS, MD (November 21, 2016) — A grand, French country-style residence in Annapolis with sweeping waterfront views and a private beach has been listed for $6.9 million. The custom-built luxury home sits on 1.47 acres on the banks of the South River with 126-feet of waterfront offering a beach and 50-foot pier. Located at 3355 Harness Creek Road, the 11,000-square-foot home offers six bedrooms, five full bathrooms and two half baths. Connie Cadwell of Coldwell Banker Residential Brokerage’s Annapolis
Download DOCJanuary 4, 2017 | In the News
Survey Finds Voice Control Next Big Thing in Smart Home Technology
72% of Americans with Smart Home Products Also Want Voice Control
MADISON, N.J. (Jan. 4, 2017) – Your kids may not always listen to you but soon your smart home will. A new survey from Coldwell Banker Real Estate LLC and Vivint Smart Home found Americans are ready to embrace using voice control, with an increasing number already using the feature.
According to the
Download DOCNovember 30, 2016 | In the News
$2.2 Million Iconic Eastport Prairie House Hits the Market
Local Architect Designed His Frank Lloyd Wright-Inspired Dream Home
ANNAPOLIS, MD (November 30, 2016) — Nestled between the classic colonials in the boating-centric part of Annapolis known as the Eastport Peninsula, resides an architectural anomaly -- a neo-Prairie house. Recently listed for $2.2 million, this one-of-a-kind modern residence was designed in part by its owner, Albert Graf of AEG Associates, as a homage to his love of the prairie school of architecture. Anne Harrington of Coldwell Banker Residential Brokerage’s Annapolis Church Circle office is the listing agent for the property, which is located at
November 22, 2016 | In the News
1870s Historic Rowhouse Was Site of Film “Heartburn”
The rowhouse went under contract less than one week after hitting the market and sold above the listing price
WASHINGTON, D.C. (November 22, 2016) – A historic home dating back to 1870 has just sold for $1.325 million, up from the $1.299 million listing price. The classic Italianate rowhouse was a location for the 1986 film, “Heartburn”, starring Jack Nicholson and Meryl Streep. In the film, the characters renovate the historic Washington, D.C. property while settling into married life.
Coldwell Banker Residential Brokerage’s Grant, Ryall & Andrew Group represented the sellers at
November 11, 2016 | In the News
Army Officer and Coldwell Banker Customer’s Awesome Homecoming Moment Chosen for National Advertising Campaign to Represent the Value of Home in Honor of Veteran’s Day
MADISON, N.J. (November 11, 2016) – This Veteran’s Day, Coldwell Banker Real Estate LLC, the original Silicon Valley real estate startup founded in 1906, is honoring Coldwell Banker D’Ann Harper Realtors agent Nikki Diamond-Jones’ customer, Rich Stinson, and his emotional homecoming in a new “Awesomeness” ad spot. When Rich Stinson, Lieutenant Colonel in the Army, got the news that he was returning home from his 13-month deployment in Afghanistan, he and his wife planned to surprise their five children at their home. His wife picked him up from the airport and he laid
Download DOCOctober 27, 2016 | In the News
In-House Observatory, Historic Telescope and More in This $2.5 Million Annapolis Estate
ANNAPOLIS, MD (October 27, 2016) – Alert to stargazers: A $2.5 million Annapolis waterfront home has just hit the market on Crab Creek and the South River, which features an observatory with a historic telescope that was used to assist NASA with lunar landings. Travis Gray of Coldwell Banker Residential Brokerage’s Annapolis Church office has listed the property at 923 Childs Point Road.
The telescope dates back to 1960 and was constructed for a NASA contractor during the space program’s infancy. A classified project, the telescope was used to measure the moon’s surface density by
Download DOCOctober 17, 2016 | In the News
Mansion Address with a Studio-sized Price
Top-Floor Studio Lists in 1912 Dupont Mansion
WASHINGTON, D.C. (October 17, 2016) – A rare studio condo has become available in the historic Dupont mansion located at 1728 New Hampshire Avenue NW. The top-floor condo is being offered for $269,000 by Coldwell Banker Residential Brokerage’s Grant, Ryall and Andrew Group of the company’s Capitol Hill office.
“Condos located in historic mansions are very rarely available,” said Ryall Smith. “This studio comes at an affordable price and offers the unique opportunity to live in one of the contributing
Download DOCOctober 17, 2016 | In the News
$2.595 Million Annapolis Custom Home Hits the Market
ANNAPOLIS, MD (October 17, 2016) – A $2.595 million estate has just hit the market in the exclusive community of Cranberry Woods. Offering nearly 10,000 interior square footage and 4,000 square feet of outdoor entertaining space, the residence was built for entertaining. Shane Hall of Coldwell Banker Residential Brokerage’s Annapolis Church office is the listing agent for the property, which is located at 1367 Morgans Ridge Lane.
“This home shows that ultra-luxury exists beyond waterfront properties,” said Hall. “It’s been very specifically custom-designed, but
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